Japan Core Inflation Seen Rising in June, Strengthening BOJ Rate Hike Outlook 
China Home Prices Fall Again in June Despite Slower Pace of Decline 
Malaysia Q2 Economy Grows 5.8%, Beating Forecasts on Strong Tech Exports and Domestic Demand 
South Korea’s KOSPI Enters Bear Market Despite Remaining 2026’s Best-Performing Major Stock Index 
Asian Stocks Rise as Softer U.S. Inflation Boosts Sentiment Despite Middle East Tensions 
UBS Boosts China Tech Bets, Adds Kuaishou and Meituan to Focus List 
Asian Stocks Slide as Nikkei Leads Losses on Tech Selloff and Rising U.S.-Iran Tensions 
IEA Warns China Rare Earth Export Curbs Could Threaten $6.5 Trillion in Global Production 
U.S. Imposes 25% Tariff on Select Brazilian Imports After Section 301 Trade Investigation 
Asian Currencies Hold Steady as Middle East Tensions Offset Weaker US Dollar 
US Stock Futures Hold Steady as Soft Inflation Data Eases Fed Rate Hike Fears 
Oil Prices Climb as Trump Escalates Iran Pressure, Strait of Hormuz Risks Grow 
Brazil Weighs IP Curbs, Patent Suspensions After New U.S. Tariffs 
Port of Los Angeles Posts Record June Cargo Volume as Importers Rush Ahead of U.S. Tariffs 
South Korea Raises Interest Rates to 2.75% as Inflation and Weak Won Drive Tightening 
ECB's Kocher Says No Inflation Spillover Yet From Iran Conflict, Warns Risks Remain 
Brent crude futures edged higher in early Asian trading on Monday, rising 0.6% as geopolitical tensions escalated. The uptick came after the United States vowed to continue military strikes against Yemen’s Houthis until they halt attacks on commercial shipping routes.
The recent U.S. airstrikes, the largest Middle East military operation since President Donald Trump took office, have already resulted in at least 53 casualties, according to Yemen’s Houthi-run health ministry. A U.S. official told Reuters that the campaign could extend for weeks as Washington seeks to protect global trade routes.
The Houthi-led disruptions have significantly impacted global commerce, forcing the U.S. military into costly operations to intercept missiles and drones targeting shipping vessels. As a result, Brent crude prices saw a 40-cent increase, trading at $70.98 per barrel at 2208 GMT on Monday.
The ongoing conflict in the Middle East, a crucial region for oil supply, has raised concerns over potential supply chain disruptions. Investors and analysts are closely monitoring the situation, as prolonged instability could push crude prices even higher in the coming weeks.
Oil traders remain cautious as geopolitical risks grow, with the possibility of extended U.S. military actions fueling uncertainty in global markets. Market analysts anticipate further fluctuations in oil prices depending on the conflict’s progression and its broader impact on energy security.
With rising tensions in the Red Sea region, the oil market remains volatile, and energy traders are bracing for potential price swings driven by further developments in U.S. military operations and Houthi responses. The coming days will be critical in determining the extent of the disruption and its effect on global crude prices.
